This compound is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of biologically active molecules. It plays a significant role in the creation of compounds targeting central nervous system disorders, including anxiety and depression, due to its structural relevance to diazepine derivatives. Additionally, it is employed in the preparation of potential therapeutic agents for inflammatory and immune-related conditions. Its versatile structure allows for further chemical modifications, making it valuable in medicinal chemistry for exploring new drug candidates.